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Report
Food Trucks: Global Markets
Market Research Report I 2022-12-20 I 130 Pages I BCC Research
Description
Report Scope:
This report segments the market by food truck type, food type, serving type, and region. The report provides an overview of the global food truck market and analyzes market trends. Using 2021 as the base year, the report estimates market data for the forecast period 2022 through 2027. Market values have been calculated based on the total revenue of food truck providers.
By serving type the food truck market is segmented into dine-in and takeaway segments. Based on food type, the market is divided into Ice cream, BBQ, fast food, beverages, Asian, and some others. By truck type, the food truck market is segmented into trucks, vans and buses, and others. Geographic regions in the report are North America, Europe, Asia-Pacific, and the Rest of the World (South America, the Middle East, and Africa). Revenue forecasts from 2022 to 2027 are given for the food truck market's segments mentioned above, with estimated values derived from solutions and service providers' total revenue.
Report Includes:
- 44 data tables and 39 additional tables
- An up-to-date overview of the global market for food trucks within the food and beverage industry
- Analyses of the global market trends, with historic market revenue data for 2021, estimates for 2022, forecasts for 2023 and 2025, and projections of compound annual growth rates (CAGRs) through 2027
- Understanding of the upcoming market potential and industry growth drivers and opportunities in the food trucks industry with a holistic review of Porter's Five Forces model and SWOT analysis covering major regions and countries involved in market development
- Estimation of the actual market size and revenue forecast for the food trucks market in USD million values, and corresponding market share analysis based on the type of service, vehicle/food truck type, food type, and region
- In-depth information (facts and figures) about the major market dynamics, food safety regulations, technology advancements, and competitive environment of the leading global players
- Discussion of underlying political, economic, sociocultural, technological, legal, and environmental trends and concerns that may influence the nature and size of this market
- Competitive landscape of the leading market participants in food trucks industry, their business segments, company revenue share analysis, product portfolio, and recent key developments
- A relevant patent analysis with review of patents granted on food trucks systems from 2019 to 2022
- Profile descriptions of the leading market participants, including Cafe2U, Kentucky Fried Chicken, Kogi Korean BBQ, Kona Ice, Pizza Hut LLC, and Tim Hortons Inc.
Executive Summary
Summary:
Food trucks reduce the costs associated with establishing a restaurant and offer convenient, mobile service to customers. The growing adoption of food trucks by giant players is based on different factors including location and cost in a bid to offer more convenient service to customers. Early use cases of food trucks were seen in universities, music festivals and so on. Recently, venture capital firms have been investing in start-ups that are developing food trucks. The global market for food trucks was estimated to be $REDACTED in 2021. It is projected that the food trucks market will grow at a compound annual growth rate (CAGR) of REDACTED% to reach $REDACTED by 2027.
In this report, the global food trucks market is segmented by truck type, food type, serving type, and region. The report provides an overview of the global food truck market and analyzes market trends. By serving type, the market is segmented into dine-in and take-out. Based on food type, the market is divided into fast food, ice cream, BBQ, beverages, Asian, and others. By truck type, the food truck market is segmented into trucks, vans and buses, and others. Geographical regions in the report are North America, Europe, Asia-Pacific, and the Rest of the World (RoW) (South America, the Middle East, and Africa). Revenue forecasts from 2022 to 2027 are given for the market segments mentioned above, with estimated values derived from solutions and service providers' total revenue.
Table of Contents
Chapter 1 Introduction
1.1 Introduction
1.2 Study Goals and Objectives
1.3 Scope of Report
1.4 Reasons for Doing this Study
1.5 Intended Audiences
1.6 Information Sources
1.7 Methodology
1.8 Geographic Breakdown
1.9 Analyst's Credentials
1.10 BCC Custom Research
1.11 Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
3.1 History and Evolution
3.2 SWOT Analysis
3.3 Porter's Five Forces Analysis of the Market for Food Trucks
3.3.1 Power of Suppliers
3.3.2 Power of Buyers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitutes
3.3.5 Degree of Competition
3.4 PESTLE Analysis
3.4.1 Political
3.4.2 Economic
3.4.3 Sociocultural
3.4.4 Technological
3.4.5 Legal
3.4.6 Environmental
3.5 Patent Analysis
3.5.1 Recent Patents
3.6 Impact of the COVID-19 Pandemic on Food Trucks Market
Chapter 4 Market Dynamics
4.1 Market Drivers
4.1.1 Rising Demand for Fast Service
4.1.2 Better Prices Compared to Traditional Food Spaces
4.2 Market Restraints
4.2.1 Menu in Food Trucks is Limited
4.2.2 Restricted Online Presence
4.3 Market Opportunities
4.3.1 Consumers are Exploring New Products and Tastes
4.3.2 Increasing Demand at Food Festivals and Events
Chapter 5 Market Breakdown by Type of Service
5.1 Overview
5.2 Dine-in
5.3 Take-out
Chapter 6 Market Breakdown by Type of Vehicle
6.1 Overview
6.2 Vans and Buses
6.3 Trucks
6.4 Other Vehicles
Chapter 7 Market Breakdown by Type of Food
7.1 Overview
7.2 Fast food
7.3 Ice Cream
7.4 BBQ
7.5 Beverages
7.6 Asian
7.7 Others
Chapter 8 Market Breakdown by Region
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 U.K.
8.3.2 Germany
8.3.3 Italy
8.3.4 Spain
8.3.5 France
8.3.6 Rest of Europe
8.4 Asia-Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 Rest of Asia-Pacific
8.5 Rest of the World
8.5.1 South America
8.5.2 Middle East
8.5.3 Africa
Chapter 9 Competitive Landscape
9.1 Top Companies
9.2 Strategic Analysis
Chapter 10 Company Profiles
BASKIN-ROBBINS
BURGER KING CORP.
CAFE2U
CHICK-FIL-A
DAIRY QUEEN CORP.
DOMINOS PIZZA INC.
DUNKIN BRANDS, INC.
JACK IN THE BOX INC.
KENTUCKY FRIED CHICKEN
KOGI KOREAN BBQ
KONA ICE
MCDONALDS CORP.
PAPA JOHNS INTERNATIONAL INC.
PIZZA HUT LLC
STARBUCKS CORP.
TACO BELL CORP.
TIM HORTONS INC.
THE WENDYS CO.
TOPPERS PIZZA
List of Tables
Summary Table : Global Market for Food Trucks, by Region, Through 2027
Table 1 : Porter's Five Forces Analysis: Overview
Table 2 : Share of Patents Issued on Food Trucks, by Country, 2019-2022*
Table 3 : Global Market for Food Trucks, by Type of Service, Through 2027
Table 4 : Global Market for Food Trucks with Dine-in Service, by Region, Through 2027
Table 5 : Global Market for Food Trucks with Take-out Service, by Region, Through 2027
Table 6 : Global Market for Food Trucks, by Type of Vehicle, Through 2027
Table 7 : Global Market for Food Vans and Buses, by Region, Through 2027
Table 8 : Global Market for Food Trucks, by Region, Through 2027
Table 9 : Global Market for Other Types of Food Vehicles, by Region, Through 2027
Table 10 : Global Market for Food Trucks, by Type of Food, Through 2027
Table 11 : Global Market for Fast Food Trucks, by Region, Through 2027
Table 12 : Global Market for Ice Cream Trucks, by Region, Through 2027
Table 13 : Global Market for BBQ Food Trucks, by Region, Through 2027
Table 14 : Global Market for Beverage Trucks, by Region, Through 2027
Table 15 : Global Market for Asian Food Trucks, by Region, Through 2027
Table 16 : Global Market for Other Types of Foods in Food Trucks, by Region, Through 2027
Table 17 : Global Market for Food Trucks, by Region, Through 2027
Table 18 : North American Market for Food Trucks, by Country, Through 2027
Table 19 : North American Market for Food Trucks, by Type of Vehicle, Through 2027
Table 20 : North American Market for Food Trucks, by Type of Food, Through 2027
Table 21 : North American Market for Food Trucks, by Type of Service, Through 2027
Table 22 : Key Licenses Required to Start a Food Truck in the U.S.
Table 23 : Key Food Trucks Associations in the U.S.
Table 24 : Key Food Truck Festivals in the U.S.
Table 25 : Key Licenses Required to Start a Food Truck in Canada
Table 26 : Key Food Truck Festivals in Canada
Table 27 : Key Licenses Required to Start a Food Truck in Mexico
Table 28 : European Market for Food Trucks, by Country, Through 2027
Table 29 : European Market for Food Trucks, by Type of Vehicle, Through 2027
Table 30 : European Market for Food Trucks, by Type of Food, Through 2027
Table 31 : European Market for Food Trucks, by Type of Service, Through 2027
Table 32 : Key Licenses Required to Start a Food Truck in the U.K.
Table 33 : Key Licenses Required to Start a Food Truck in Germany
Table 34 : Key Licenses Required to Start a Food Truck in Italy
Table 35 : Key Licenses Required to Start a Food Truck in Spain
Table 36 : Food Truck Festivals in Spain
Table 37 : Key Licenses Required to Start a Food Truck in France
Table 38 : Asia-Pacific Market for Food Trucks, by Country, Through 2027
Table 39 : Asia-Pacific Market for Food Trucks, by Type of Vehicle, Through 2027
Table 40 : Asia-Pacific Market for Food Trucks, by Type of Service, Through 2027
Table 41 : Asia-Pacific Market for Food Trucks, by Type of Food, Through 2027
Table 42 : RoW Market for Food Trucks, by Region, Through 2027
Table 43 : RoW Market for Food Trucks, by Type of Vehicle, Through 2027
Table 44 : RoW Market for Food Trucks, by Type of Service, Through 2027
Table 45 : RoW Market for Food Trucks, by Type of Food, Through 2027
Table 46 : Global Food Trucks Market Product Launches, 2020-2022*
Table 47 : Burger King Corp.: Key Management
Table 48 : Burger King Corp.: Financials, 2019-2021
Table 49 : Burger King Corp.: Product Portfolio
Table 50 : Burger King Corp.: Recent Developments, 2020-2022*
Table 51 : Domino's Pizza Inc.: Key Management
Table 52 : Domino's Pizza Inc.: Financials, 2019-2021
Table 53 : Domino's Pizza Inc.: Product Portfolio
Table 54 : Domino's Pizza Inc.: Revent Developments, 2020-2022*
Table 55 : Jack in the Box Inc.: Key Management
Table 56 : Jack in the Box Inc.: Financials, 2019-2021
Table 57 : Jack in the Box Inc.: Product Portfolio
Table 58 : Kentucky Fried Chicken: Key Management
Table 59 : Kentucky Fried Chicken: Financials, 2019-2021
Table 60 : Kentucky Fried Chicken: Product Portfolio
Table 61 : Kentucky Fried Chicken: Revent Developments, 2020-2022*
Table 62 : McDonald's Corp.: Key Management
Table 63 : McDonald's Corp.: Financials, 2019-2021
Table 64 : McDonald's Corp.: Product Portfolio
Table 65 : McDonald's Corp.: Recent Developments, 2020-2022*
Table 66 : Papa John's International Inc.: Key Management
Table 67 : Papa John's International Inc.: Financials, 2019-2021
Table 68 : Papa John's International Inc.: Product Portfolio
Table 69 : Pizza Hut LLC: Key Management
Table 70 : Pizza Hut LLC: Financials, 2019-2021
Table 71 : Pizza Hut LLC: Product Portfolio
Table 72 : Starbucks Corp.: Key Management
Table 73 : Starbucks Corp.: Financials, 2019-2021
Table 74 : Starbucks Corp.: Product Portfolio
Table 75 : Taco Bell Corp.: Key Management
Table 76 : Taco Bell Corp.: Financials, 2019-2021
Table 77 : Tim Hortons Inc.: Key Management
Table 78 : Tim Hortons Inc.: Financials, 2019-2021
Table 79 : Tim Hortons Inc.: Product Portfolio
Table 80 : The Wendy's Co.: Key Management
Table 81 : The Wendy's Co.: Financials, 2019-2021
Table 82 : The Wendy's Co.: Product Portfolio
List of Figures
Summary Figure : Global Market Shares of Food Trucks, by Region, 2021
Figure 1 : SWOT Analysis: Food Trucks Market
Figure 2 : Food Trucks Market: Porter's Five Forces Analysis
Figure 3 : Food Trucks Market: Power of Suppliers
Figure 4 : Food Trucks Market: Power of Buyers
Figure 5 : Food Trucks Market: Threat of New Entrants
Figure 6 : Food Trucks Market: Threat of Substitutes
Figure 7 : Food Trucks Market: Degree of Competition
Figure 8 : Global Population, by Key Countries, 2021
Figure 9 : Patents Issued on Food Trucks, by Year, 2019-2022*
Figure 10 : Global Market Shares of Food Trucks, by Type of Service, 2021
Figure 11 : Global Market Shares of Food Trucks, by Type of Service, 2027
Figure 12 : Global Market Shares of Food Trucks with Dine-in Service, by Region, 2021
Figure 13 : Global Market Shares of Food Trucks with Dine-in Service, by Region, 2027
Figure 14 : Global Market Shares of Food Trucks with Take-out Service, by Region, 2021
Figure 15 : Global Market Shares of Food Trucks with Take-out Service, by Region, 2027
Figure 16 : Global Market Shares of Food Trucks, by Type of Vehicle, 2021
Figure 17 : Global Market Shares of Food Trucks, by Type of Vehicle, 2027
Figure 18 : Global Market Shares of Food Vans and Buses, by Region, 2021
Figure 19 : Global Market Shares of Food Vans and Buses, by Region, 2027
Figure 20 : Global Market Shares of Food Trucks, by Region, 2021
Figure 21 : Global Market Shares of Food Trucks, by Region, 2027
Figure 22 : Global Market Shares of Other Types of Food Vehicles, by Region, 2021
Figure 23 : Global Market Shares of OtherTypes of Food Vehicles, by Region, 2027
Figure 24 : Global Market Shares of Food Trucks, by Type of Food, 2021
Figure 25 : Global Market Shares of Food Trucks, by Type of Food, 2027
Figure 26 : Global Market Shares of Fast Food Trucks, by Region, 2021
Figure 27 : Global Market Shares of Fast Food Trucks, by Region, 2027
Figure 28 : Global Market Shares of Ice Cream Trucks, by Region, 2021
Figure 29 : Global Market Shares of Ice Cream Trucks, by Region, 2027
Figure 30 : Global Market Shares of BBQ Food Trucks, by Region, 2021
Figure 31 : Global Market Shares of BBQ Food Trucks, by Region, 2027
Figure 32 : Global Market Shares of Beverage Trucks, by Region, 2021
Figure 33 : Global Market Shares of Beverage Trucks, by Region, 2027
Figure 34 : Global Market Shares of Asian Food Trucks, by Region, 2021
Figure 35 : Global Market Shares of Asian Food Trucks, by Region, 2027
Figure 36 : Global Market Shares of Other Types of Foods in Food Trucks, by Region, 2021
Figure 37 : Global Market Shares of Other Types of Foods in Food Trucks, by Region, 2027
Figure 38 : Global Market for Food Trucks, by Region
Figure 39 : Global Market Shares of Food Trucks, by Region, 2021
Figure 40 : Global Market Shares of Food Trucks, by Region, 2027
Figure 41 : U.S. Market for Food Trucks, 2021-2027
Figure 42 : Canadian Market for Food Trucks, 2021-2027
Figure 43 : Mexican Market for Food Trucks, 2021-2027
Figure 44 : U.K. Market for Food Trucks, 2021-2027
Figure 45 : German Market for Food Trucks, 2021-2027
Figure 46 : Italian Market for Food Trucks, 2021-2027
Figure 47 : Spanish Market for Food Trucks, 2021-2027
Figure 48 : French Market for Food Trucks, 2021-2027
Figure 49 : Rest of European Market for Food Trucks, 2021-2027
Figure 50 : Chinese Market for Food Trucks, 2021-2027
Figure 51 : Indian Market for Food Trucks, 2021-2027
Figure 52 : Japanese Market for Food Trucks, 2021-2027
Figure 53 : Rest of Asia-Pacific Market for Food Trucks, 2021-2027
Figure 54 : South American Market for Food Trucks, 2021-2027
Figure 55 : Middle Eastern Market for Food Trucks, 2021-2027
Figure 56 : African Market for Food Trucks, 2021-2027
Figure 57 : Burger King Corp.: Revenue Share, by Business Segment, 2021
Figure 58 : Burger King Corp.: Systemwide Sales, 2019-2021
Figure 59 : Domino's Pizza Inc.: Revenue Share, by Business Segment, 2021
Figure 60 : Domino's Pizza Inc.: Revenue Share, by Region, 2021
Figure 61 : Domino's Pizza Inc.: Systemwide Sales, 2019-2021
Figure 62 : Jack in the Box Inc.: Revenue Share, by Business Segment, 2021
Figure 63 : Jack in the Box Inc.: Systemwide Sales, 2019-2021
Figure 64 : Kentucky Fried Chicken: Revenue Share, by Region, 2021
Figure 65 : Kentucky Fried Chicken: Revenue Share, by Business Segment, 2021
Figure 66 : McDonald's Corp.: Revenue Share, by Business Segment, 2021
Figure 67 : McDonald's Corp.: Revenue Share, by Region, 2021
Figure 68 : Papa John's International Inc.: Revenue Share, by Region, 2021
Figure 69 : Papa John's International Inc.: Revenue Share, by Business Segment, 2021
Figure 70 : Pizza Hut LLC: Revenue Share, by Region, 2021
Figure 71 : Pizza Hut LLC: Revenue Share, by Business Segment, 2021
Figure 72 : Starbucks Corp.: Revenue Share, by Business Segment, 2021
Figure 73 : Starbucks Corp.: Revenue Share, by Product, 2021
Figure 74 : Starbucks Corp.: Revenue Share, by Region, 2021
Figure 75 : Tim Hortons Inc.: Systemwide Sales, 2019-2021
Figure 76 : The Wendy's Co.: Revenue Share, by Business Segment, 2021
Figure 77 : The Wendy's Co.: Revenue Share, by Region, 2021
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